Tag Archives: AUD
FX Daily Strategist: Europe
– ECB could offer a EUR buying opportunity EURUSD has been trading within the 1.3450-1.3650 range going into a very busy European event calendar today.
FX Daily Strategist: US
– EUR to consolidate ahead of ECB, Spain auction EURUSD should continue to consolidate in a lower 1.3450-1.3650 range should political uncertainty in Spain remain, as our economists expect.
FX Daily Strategist: Europe
– Earlier BoJ transition spells a weaker JPY USDJPY uptrend remains strong and the pair reached a high of 94.07.
FX Daily Strategist: US
– JPY under pressure with current BoJ Governor to exit earlier The mood has improved in the European session following stronger readings on euro zone (and UK) service PMIs.
SEK enters the Riksbank equation
Financial markets have rapidly bought the euro as investors substantially increase exposure to undervalued European assets following sharp falls in risk premiums.
FX Daily Strategist: Europe
– EUR to correct further before resuming rally The EUR correction is in full swing as headlines from Spain and Italy are leading to some upward pressure on the Eurozone risk premia.
FX G10/EM Morning Trader Views
EUR – Surprisingly one way traffic since that Friday high above 1.37 – Mkt that’s long and political issues in Spain/Italy leading to an unwind of positioning to an Asia low of 1.3462.
FX Daily Strategist: US
– EUR could trade weaker this week before resuming rally On a multi-week/month view, we like EUR higher and have revised our EURUSD forecast higher to 1.4000.
FX G10/EM Morning Trader Views
EUR – Friday was a day of big moves in eur and eur x’s and that move off the lows at 1.3585 to test above 1.37 was no exception.
FX Daily Strategist: Europe
– ECB to cool the EUR’s momentum EUR remains the star performer, with EURJPY up 3.5%, EURGBP up 2% and EURUSD gaining 1.8% over the past week.
CFTC: JPY selling resumes with an added twist
Speculative traders bought dollar against all eight IMM currency futures apart from EUR during the week ending January 29.
FX Market Week Outlook
The dollar hit fresh 14-month lows against the euro on Friday as U.S. jobs data reinforced expectations that the Federal Reserve would maintain its monetary easing program.